This property looks like a bad Long-Term investment with a projected -11.79% first-year return on $55,377 initial cash invested.
-11.79%
Cash On Cash
4.42%
Cap Rate
0.68
DSCR
$1,717
Rent
-$544
Cashflow
Cash Flow
$1,717 income − $2,261 expenses = $544 out of pocket
Investment Breakdown
|
Purchase Price
$264k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,377
Downpayment
20%
$52,740
Closing costs
1%
$2,637
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,717
Total Expenses
$2,261
Mortgage P&I
83%
$1,430
Property Taxes
15%
$258
Home Insurance
5%
$93
HOA
2%
$33
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0